Assessing Regional Integration in Africa 2008: Towards Monetary and Financial Integration in Africa

Assessing Regional Integration in Africa 2008: Towards Monetary and Financial Integration in Africa

by United Nations
     
 

This report finds that although there are some successes, African countries are still experiencing enormous difficulties in achieving the macroeconomic convergence criteria set by their RECs, such as targets on inflation, debt-to-GDP ratio, and deficit-to-GDP ratio. The assessment also indicates that despite some financial developments, African financial market

Overview

This report finds that although there are some successes, African countries are still experiencing enormous difficulties in achieving the macroeconomic convergence criteria set by their RECs, such as targets on inflation, debt-to-GDP ratio, and deficit-to-GDP ratio. The assessment also indicates that despite some financial developments, African financial market activities remain shallow, with capital markets characterized by low capitalization and liquidity. The report also provides policymakers with recommendations on how to deepen monetary and financial integration on the continent and create an enabling macroeconomic environment for the continent.

Product Details

ISBN-13:
9789211251098
Publisher:
United Nations Publications
Publication date:
01/27/2009
Pages:
293
Product dimensions:
7.44(w) x 9.43(h) x 0.47(d)

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